Toward the end of a segment devoted to the super-rich Tuesday night on "The Colbert Report," the host turned to Detroit:

"We all know the Motor City has seen better days. Like, say, during the Ice Age. But it's not all bad. Take Belle Isle, a thousand-acre island and public park that many consider the jewel of Detroit. And it's no surprise -- Belle means 'beautiful' and Isle means 'not connected to Detroit.'"

He liked the idea proposed by developer Rodney Lockwood to purchase the island from the city and turn it into a libertarian haven where wealthy residents would pay no property or income taxes. Colbert notes Lockwood's idea for Belle Isle comes from the businessman's utopian novel of the same name, written "in the tradition of other fictional tax shelters like Narnia and 'Where the Wild Things Hide Their Assets.'"

Colbert also trumpeted the proposal's hypothetical benefits for Detroit, "because what that city needs is a pristine private island they can see through the bars of their postindustrial hell-scape."

Watch the segment below. The material on Belle Isle starts at about the five-minute mark: